Mapletree Investments has completed the sale of a large East Coast industrial portfolio totaling 4,434,464 square feet to EQT Real Estate for $575 million. The transaction involves a collection of warehouse properties concentrated in key logistics locations and extends Mapletree’s track record of U.S. industrial exits following its previously disclosed $691.1 million of logistics asset sales in 2025.
According to Mapletree, this is the firm’s fourth divestment of a U.S. warehouse portfolio. The company characterized the outcome as a strong start to 2026 for its investor base and as further evidence of the execution of its closed-end fund strategy in the United States. Mapletree highlighted the performance of its U.S. industrial platform and framed the sale as consistent with its broader approach to cycling capital while maintaining exposure to logistics.
Richard Prokup, CEO, U.S., at Mapletree, described the transaction as an important milestone for the firm’s closed-end fund investors. He noted that the divestment underscores confidence in the long-term fundamentals of the logistics sector. Prokup also indicated that Mapletree intends to continue advancing new logistics development opportunities across the country as it seeks to expand its development pipeline.
The portfolio acquired by EQT Real Estate consists of 25 warehouse assets along the East Coast. The properties are located in major logistics hubs including Jacksonville, Nashville, Richmond, Atlanta, New York City, New Jersey, Pennsylvania and South Florida. These assets are described as being in dense, infill submarkets positioned along key interstate corridors, notably I-95, I-81 and I-10, providing regional and multi-market distribution reach.
From the buyer’s perspective, the acquisition aligns with a targeted strategy focused on infill logistics. Matthew Brodnik, CIO at EQT Real Estate, stated that the investment is consistent with EQT’s high-conviction, thematic approach to U.S. logistics, particularly in markets where the firm anticipates sustained demand for well-located industrial properties. The portfolio’s configuration across multiple East Coast corridors supports that thematic focus.
On the capital markets side, JLL provided sales advisory services on behalf of Mapletree. The team of John Huguenard, Trent Agnew and Will McCormack represented Mapletree in the transaction. Their role involved marketing the portfolio and coordinating the sale process to EQT Real Estate.
The broader context for the trade includes ongoing investor interest in U.S. logistics and warehouse assets, especially in infill locations near transportation infrastructure. While specific operating metrics, tenant details and lease terms were not disclosed, both parties emphasized the long-term demand drivers for industrial space serving major population and distribution corridors.
The article also notes that Prologis executive Carter Andrus is scheduled as the keynote interview at the upcoming Connect Industrial Midwest conference in Rosemont, Illinois, highlighting continued industry focus on logistics and industrial themes at the start of 2026.
